DropCar Announces Financial Results for the Three Months Ended March 31, 2019

Over 50% Expense Reduction with Continued Improved Margins and Liquidity as Company Continues Evaluating Strategic Opportunities May 15, 2019 07:00 AM Eastern Daylight Time NEW YORK–(BUSINESS WIRE)–DropCar, Inc. (Nasdaq:DCAR) (“DropCar” or the “Company”), a provider of micro logistics technology, mobility services and cloud based software for both the automotive industry and consumers, today announced financial…

DropCar Announces Financial Results for the Fourth Quarter and Year Ended December 31, 2018

Revenue Passes $6 million, Cash Position Strengthens and Operating Results Improve Due to Expense Reductions, Efficiency Gains, New Deals, and 132% Growth in B2B Sales Company Continues to Explore Strategic Opportunities to Maximize Shareholder Value April 03, 2019 07:30 AM Eastern Daylight Time NEW YORK–(BUSINESS WIRE)–DropCar, Inc. (Nasdaq: DCAR) (“DropCar” or the “Company”), a provider of…

DropCar Announces Intention to Explore Strategic Opportunities to Maximize Shareholder Value

Announces 1:6 Reverse Stock Split to Regain Nasdaq Compliance March 08, 2019 07:33 AM Eastern Standard Time NEW YORK–(BUSINESS WIRE)–DropCar, Inc. (Nasdaq: DCAR), a provider of last mile logistics technology, mobility services and cloud based software for both the automotive industry and consumers, today announced that the Company has initiated a process to evaluate strategic opportunities to…

DropCar Expanding Network of Available NYC Garage Spaces Over 2x this Week

January 29, 2019 07:00 AM Eastern Standard Time NEW YORK–(BUSINESS WIRE)–DropCar, Inc. (Nasdaq: DCAR), a leading provider of cloud-based “last mile” logistics technology, mobility services, and parking solutions for both the automotive industry and consumers, today announced that it has more than doubled the total available inventory for its Self-Park Spaces monthly parking subscription program in NYC. Spaces…

DropCar Announces Non-Deal Roadshow in the U.S.

January 22, 2019 07:00 AM Eastern Standard Time NEW YORK–(BUSINESS WIRE)–DropCar, Inc. (Nasdaq: DCAR), a leading provider of last mile logistics technology, mobility services and cloud-based software for both the automotive industry and consumers, today announced that it will launch a non-deal roadshow (“NDR”) in the United States in cities including New York, San Francisco, Los…

DropCar Announces Deal with Leading Peer-to-Peer Car Sharing Marketplace, Turo

DropCar’s Mobility Cloud technology to provide Turo customers enhanced vehicle drop-off, pick-up and delivery. Program launches today across Los Angeles, San Francisco, Newark, New Jersey and Washington, D.C. January 14, 2019 07:00 AM Eastern Standard Time NEW YORK–(BUSINESS WIRE)–DropCar, Inc. (NASDAQ:DCAR), a leading provider of last mile logistics technology, mobility services and cloud based software for…

DropCar and STEER Tech Launch Autonomous Vehicle Partnership at CES

Relationship aims to give fleet owners, dealers, OEMs, retailers, and shared mobility companies a fast track to the autonomous future January 07, 2019 07:00 AM Eastern Standard Time NEW YORK–(BUSINESS WIRE)–DropCar, Inc. (Nasdaq:DCAR), a leading provider of last mile logistics technology, mobility services and cloud based software for both the automotive industry and consumers, today announced…

DropCar Completes the Sale of its Suisun Operations for $3.5 Million in Non-Dilutive Cash

December 27, 2018 07:00 AM Eastern Standard Time NEW YORK–(BUSINESS WIRE)–DropCar, Inc. (Nasdaq:DCAR), a leading provider of last mile logistics technology, mobility services and cloud based software for both the automotive industry and consumers, today announced that it has closed the sale of its subsidiary, WPCS International – Suisun City, Inc. (“Suisun Operations”), to certain members…

DropCar Expands Hiring Program to Support Surge in B2B Demand

December 21, 2018 07:00 AM Eastern Standard Time NEW YORK–(BUSINESS WIRE)–DropCar, Inc. (NASDAQ: DCAR), a leading provider of last mile logistics technology solutions, mobility workforce services and cloud based software for both the automotive industry and consumers, announced its expansion of hiring efforts across New York, New Jersey, Los Angeles, San Francisco, Washington DC and Baltimore…

DropCar Signs Definitive Stock Purchase Agreement to Sell Its Suisun Operations for $3.5 Million

Closing anticipated prior to December 31, 2018, subject to satisfaction of closing conditionsDecember 17, 2018 07:00 AM Eastern Standard Time NEW YORK–(BUSINESS WIRE)–DropCar, Inc. (Nasdaq:DCAR), a leading provider of last mile logistics technology, mobility services and cloud based software for both the automotive industry and consumers, today announced that it has entered into a definitive stock…